cfa level 1 schweser notes 2013 free download

... 专业提供CFA FRM全程高清视频+讲义Trang 123【梦轩考资www.mxkaozi.com】 QQ106454842 专业提供CFA FRM全程高清视频+讲义Trang 140【梦轩考资www.mxkaozi.com】 QQ106454842 专业提供CFA FRM全程高清视频+讲义Trang 141【梦轩考资www.mxkaozi.com】 QQ106454842 专业提供CFA ... QQ106454842 专业提供CFA FRM全程高清视频+讲义Trang 96【梦轩考资www.mxkaozi.com】 QQ106454842 专业提供CFA FRM全程高清视频+讲义Trang 97【梦轩考资www.mxkaozi.com】 QQ106454842 专业提供CFA FRM全程高清视频+讲义Trang 122【梦轩考资www.mxkaozi.com】 QQ106454842 ... 专业提供CFA FRM全程高清视频+讲义Trang 56【梦轩考资www.mxkaozi.com】 QQ106454842 专业提供CFA FRM全程高清视频+讲义Trang 57【梦轩考资www.mxkaozi.com】 QQ106454842 专业提供CFA FRM全程高清视频+讲义Trang 72【梦轩考资www.mxkaozi.com】 QQ106454842 专业提供CFA

Ngày tải lên: 18/06/2019, 15:12

... EARNING O UTCOMEEconomics, CFA Program Level I 2017 Curriculum (CFA Institute, 2016) 14 Topics in Demand and Supply Analysis (page 1) 15 The Firm and Market Structures (page 20) 16 Aggregate Output, ... 52) 17 Understanding Business Cycles (page 83) STUDY SESSION 5 Reading Assignments Economics, CFA Program Level I 2017 Curriculum (CFA Institute, 2016) 18 Monetary and Fiscal Policy (page 104) 19 ... 109) g contrast the costs of expected and unexpected inflation (page 110) h describe tools used to implement monetary policy (page 111) i describe the monetary transmission mechanism (page 112)

Ngày tải lên: 28/07/2017, 10:58

... 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 ... 150 151 152 153 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 ... 138 139 140 141 142 143 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196

Ngày tải lên: 28/07/2017, 10:59

... 88 89 90 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 91 92 93 94 95 ... 143 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 ... Notes PAGES LIST BOOK VERSION 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 i iii iv v vi vii viii ix x xi xii 10 11

Ngày tải lên: 28/03/2018, 16:44

... into fifths into tenths Percentile (100) Statistical Concepts and Market Rerurns - CFA Mind Maps Level - 2016 - Copyright by WAY TO FINANCE SUCCESS Ly =(n+1) x y /100 WAY TO FINANCE SUCCESS - Website: ... potential employees 2.1 Standard I PROFESSIONALISM - CFA Mind Maps Level - 2016 - Copyright by WAY TO FINANCE SUCCESS WAY TO FINANCE SUCCESS - Website: http://waytofinancesuccess.com a1 Why were the ... Conflict of interest Responsibilities as a CFA Institute member or CFA Candidate Code Of Ethics And Standards Of Professional Conduct - CFA Mind Maps Level - 2016 - Copyright by WAY TO FINANCE SUCCESS

Ngày tải lên: 28/03/2018, 16:43

... Equity, CFA Program Curriculum, Volume 4, Level II (CFA Institute, 2016) 31 Free Cash Flow Valuation (page 108) 32 Market-Based Valuation: Price and Enterprise Value Multiples (page 154) 33 Residual ... example, if the return for one month is 1%(0.01), then the analyst might report an annualized holding period return of (1 + 0.01)12 – 1 = 0.1268 Trang 27or 12.68% Annualized holding period returns ... and FCFE (page 111) d calculate FCFF and FCFE (page 118) e describe approaches for forecasting FCFF and FCFE (page 122) f compare the FCFE model and dividend discount models (page 123) g explain

Ngày tải lên: 06/09/2018, 16:41

... 3%, 5.051%, and 7.198%, respectively. Compute the bond’s price. Answer: First derive the spot rates: S1 = 3% (given) Trang 24(1 + S2)2 = (1 + S1)[1 + f(1,1)] = (1.03)(1.05051) → S2 = 4.02%(1 + S3)3 ... S2)2 = (1 + S1)[1 + f(1,1)] = (1.03)(1.05051) → S2 = 4.02%(1 + S3)3 = (1 + S1)[1 + f(1,1)] [1 + f(2,1)] = (1.03)(1.05051)(1.07198) → S3 = 5.07% Value (with Z-spread) = LOS 35.i: Describe the TED ... +$990 –$1,000 Long 1 unit of Security B –$990 +$1,010 Net cash flow -0- +$10 2 Arbitrage due to the occurrence of dominance: Cash Flow t = 0 t = 1 Short 1 unit of Security C +$100 –$102 Long 1 unit

Ngày tải lên: 06/09/2018, 16:43

... 116) Trang 11h contrast roll return in markets in contango and markets in backwardation (page 117) i describe how commodity swaps are used to obtain or modify exposure to commodities (page 117) ... consumption (page 111) c contrast the valuation of commodities with the valuation of equities and bonds (page 112) d describe types of participants in commodity futures markets (page 113) e analyze ... Models 10 Answers – Concept Checkers 11 Measuring and Managing Market Risk Trang 616 Answers – Concept Checkers12 Economics and Investment Markets Trang 713 Analysis of Active Portfolio Management10

Ngày tải lên: 06/09/2018, 16:45

... portfolio is (1.10)(0.90) – 1 = –1.0% This reflects the most likely value of the portfolioover two periods, as the $100 could either increase 10% to $110 and then decline 10% to $99, ordecrease 10% to ... Management Trang 819 Answers – Concept Checkers13 Fixed-Income Portfolio Management—Part II Trang 911 LOS 22.k12 LOS 22.l 13 LOS 22.m 30 Concept Checkers 31 Answers – Concept Checkers 14 Self-Test: ... Figure 1 and Figure 2 : Figure 1: Factor Covariance Matrix for Global Assets Global Equity Factor Global Bond Factor Global equity factor 0.0211 = σF12 0.0015 = cov(F1,F2) Global bond factor 0.0015

Ngày tải lên: 10/09/2018, 08:17

... (page 111) Reading Assignments Fixed Income and Derivatives, CFA Program Curriculum, Volume 5, Level II (CFA Institute, 2017) 40 Pricing and Valuation of Forward Commitments (page 128) 41 Valuation ... Dynamics (page 1) 36 The Arbitrage-Free Valuation Framework (page 34) Reading Assignments Fixed Income and Derivatives, CFA Program Curriculum, Volume 5, Level II (CFA Institute, 2017) 37 Valuation ... futures.10 LOS 41.j: Describe how the Black model is used to value European interestrate options and European swaptions 11 LOS 41.k: Interpret each of the option Greeks 12 LOS 41.l: Describe how

Ngày tải lên: 16/10/2021, 14:45

... 0o gas = 107,500 - 12,500Pgas + 2001 + 1 ,200P8T - IOOPauto Inserting the values given, we have: Qo gas = 107,500 - 12,500Pgas + 200 X 50 + 1 ,200 X 20 - 100 X 30 Qo gas = 138,500 - 12,500P ... bidders who bid a discount of 0.11 17% Since there are bids for $8 billion in bills at the discount of 0 1 1 17%, and only $2 billion unsold at a yield of 0 1 1 04%, each bidder receives 2/8 ... gallon as 138,500 -12,500(3) = 1 0 1 ,000 Substituting 3 for P0, 1 0 1 ,000 for �' and -12,500 for ( �;), we can calculate the price elasticity of demand as: Eoemand = = X ( - 12,500 ) =

Ngày tải lên: 06/10/2015, 12:00

... ©2018 Kaplan, Inc SCHWESER’S SECRET SAUCE®: 2018 LEVEL I CFA® ©2018 Kaplan, Inc All rights reserved Published in 2018 by Kaplan Schweser Printed in the United States of America ISBN: 978-1-4754-5896-1 ... 167 Equity Investments: SS 13 & 14 188 Fixed Income: SS 15 & 16 220 Derivatives: SS 17 251 Alternative Investments: SS 18 267 Essential Exam Strategies ... not?1 Bidhan L Parmar, PhD, Dorothy C Kelly, CFA, and David B Stevens, CFA, “Ethics and Trust in the Investment Profession,” CFA Program 2018 Level I Curriculum, Volume (CFA Institute, 2017)

Ngày tải lên: 12/06/2019, 16:57

... correct treatment of flotation costs 11 .35.f 11 .36.a 11 .36.b 11 .36.c 11 .36.d 11 .36.e 11 .36.f 11 .36.g 11 .36.h 11 .36.i 11 .36.j 11 .36.k 11 .36.l describe expected relations ... evaluating the qualifications of board members 11 .39.a 11 .39.b 11 .39.c 11 .39.d 11 .39.e 11 .39.f 11 .39.g 11 .40.a 11 .40.b 11 .40.c 11 .40.d describe primary and secondary sources ... portfolio standard deviation 11 .40.e 11 .40.f 11 .40.g 12 . 41. a 12 . 41. b 12 . 41. c 12 . 41. d 12 . 41. e 12 .42.a 12 .42.b 12 .42.c 12 .42.d 12 .42.e describe responsibilities

Ngày tải lên: 06/06/2015, 16:02

... −5 / 47.5 = -0.105 or -10.5% The percent change in price is = (1,200 − 1,000) / [(1,000 + 1,200) / 2] = 200 / 1,100 = 0.1818 or 18.2% The price elasticity of demand is -10.5 / 18.2 = -0.58 This ... $41,000) / $47,000 = 25.53% 30.30% / 25.53% = 1.18 1.18 > 1 so Tskitishvili would conclude that computers are a luxury good This question tested from Session 4, Reading 13, LOS a, (Part 1) ... A) luxury good with income elasticity of 1.01 Trang 13Your answer: A was incorrect The correct answer was B) luxury good with income elasticity of 1.18 % change in computers demanded = ( 0.57-

Ngày tải lên: 06/06/2015, 16:36

... Portfolios 2010 8.4 10.2 0.7 1,834 2,125 18,222 100 2009 21.1 21.1 1.1 1,730 2,130 17,635 100 2008 –39.7 –39.8 1.0 1,631 2,141 19,246 100 2007 1.4 6.2 1.2 1,532 2,127 14,819 100 2006 11.4 10.5 0.9 1,428 ... 0.9 1,428 2,116 12,362 100 2005 1.0 4.3 0.8 68 1,115 12,051 2004 6.8 4.9 1.0 52 1,110 13,419 2003 23.9 27.0 1.1 46 990 10,612 2002 –24.4 –19.1 0.9 38 975 9,422 2001 –17.7 –12.8 0.8 41 870 8,632 ... 175.0 38.5 64.2 2002 82.3 1.0 175.0 78.8 52.5 2003 129.5 29.9 175.0 105.0 58.3 2004 143.5 42.3 175.0 120.8 41.6 2005 157.5 97.0 175.0 119.0 37.8 2006 166.2 129.3 175.0 112.0 31.1 2007 171.5 184.7

Ngày tải lên: 24/05/2016, 19:33

... [(1+rt,1)× (1+rt,2)×… (1+rt,n)] -1 • Annualized TWR (when investment is for more than one year) = _ 1 + D O1 + D`… + 1 + D3 Pbc_1 • TWR (for the year) = rTWR = [(1+R1)× (1+R2)×… (1+R365)] -1 ... from 0 to T 12.Price relative = Ending price / Beginning price = St+1/ St=1 + Rt, t+1 where, R t, t+1 = holding period return on the stock from t to t + 1 Trang 10Formula Sheet Volume 1: Quantitative ... Methods 13.Continuously compounded return associated with a holding period from t to t + 1: rt, t+1= ln(1 + holding period return) or rt, t+1 = ln(price relative) = ln (St+1 / St) = ln (1 + Rt,t+1)

Ngày tải lên: 28/03/2018, 16:44

... ~signmenu uonom;t:f CFA Program Level I 2014 Curriculum Volume (CFA Institute, 2013) 13 Demand and Supply An:a.lysis:Introduction 14 Demand and Supply An:a.lysis:Consumer Demand 15 Demand and Supply ... Growth 18 Undersranding Bwincss Cydcs 19 Monetary and Fiscal Policy page 124 page 155 page 177 , STUDY SESSION Reading ~signmenu uonom;t:f CFA Program Level I 2014 Curriculum Volume (CFA Institute, ... An:a.lysis:The Firm 16 The Firm and Market Structures STUDY SESSION page page 46 page 58 page 92 Reading Assignments UDnDm;t:f CFA Program Level I 2014 Curriculum Volume (CFA Instirute, 2013) 17 Aggregate

Ngày tải lên: 28/03/2018, 16:50

... targeting 190 expansion 157 expansionary fiscal policy 138 expansionary monetary policy 137, 179, 191 expected inflation 169 expenditure approach 127 exports 210 export subsidies 217, 218 external ... banking 181 free rider problem 25 free trade 210 frictional unemployment 162 full-employment GDP 136 G GDP deflator 128 general equilibrium analysis 16 I impact lag 198 imports 210 income approach 127 ... Herfindahl-Hirschman Index 116 human capital 145 hyperinflation 164 excess capacity 102 excess demand 15 excess reserves 181 excess supply exchange rate regimes 239 exchange rates 138, 139, 231 exchange rate

Ngày tải lên: 28/03/2018, 17:02

... effective annual rate is (1 + 0.06 / 4)4 = 1.0154 — = 6.136% and a $1,000 investment will return $1,000(1.06136) = $1,061.36 at the end of one year ©2014 Kaplan, Inc Page 241 PRINTED BY: Stephanie ... properties 10 B Management fee is £155 million x 0.02 = £3.1 million Incentive fee is (£155 million - £150 million) x 0.20 = £1.0 million Total fee is £3.1 million 11 A + £1.0 million = £4.1 million ... Analysis page 103 page 133 STUDY SESSION 17 Reading Assignments Derivatives and Alternative Investments, CFA Program Level I 2015 Curriculum, Volume (CFA Institute, 2014) page 165 57 Derivative

Ngày tải lên: 28/03/2018, 17:03

... * » ©2013 Kaplan, Inc 11 46 93 157 171 189 220 245 259 266 280 Page m % \ _> SCHWESERS SECRET SAUCEđ: 2014 CFA LEVEL I â2013 Kaplan, Inc All rights reserved Published in 2013 by Kaplan Schweser ... Corporate Finance: SS11 Portfolio Management: SS 12 Securities Markets and Equity Investments: SS 13 & 14 Fixed Income: SS 15 & 16 Derivatives: SS 17 Alternative Investments: SS 18 Essential Exam ... n '•I I ! -=• SCHWESER ; v~ pfjf JH m m w ir I EXAM PREP A f Li if w , V i i * $ _ÿ **ÿ 1 it 1m Schweser’s Secret Sauce for the CFA® Exam & ,i.6 i Level I \ KAPLAN W UNIVERSITY

Ngày tải lên: 16/08/2018, 14:33